PROFESSIONAL CHILDRENS SCHOOL INC: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- PROFESSIONAL CHILDRENS SCHOOL INC (EIN 13-1635277)
- Tax period
- 2020-07-01 to 2021-06-30
- Filed
- 2021-12-03
- IRS object ID
- 202113379349300631
- Schema version
- 2020v4.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-12-03T14:34:31-06:00 | ReturnTs |
| Tax Period End | 2021-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 271728945 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PKF O'CONNOR DAVIES LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 MAMARONECK AVENUE | AddressLine1Txt |
| City | HARRISON | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 105281633 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2020-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 131635277 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PROFESSIONAL CHILDRENS SCHOOL INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PROF | BusinessNameControlTxt |
| Phone | 2125823116 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 132 WEST 60TH STREET | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10023 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JAMES DAWSON | PersonNm |
| Person Title | HEAD OF SCHOOL | PersonTitleTxt |
| Phone | 2125823116 | PhoneNum |
| Signature | 2021-12-03 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | JAMES | PersonFirstNm |
| Person Last | DAWSON | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | GARRETT M HIGGINS | PreparerPersonNm |
| PTIN | P00543209 | PTIN |
| Phone | 9143818900 | PhoneNum |
| Preparation | 2021-12-03 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 0 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JAMES DAWSON | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 132 WEST 60TH STREET | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10023 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $29,468,759 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.PCS-NYC.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1914 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | TO PROVIDE A CHALLENGING AND ENGAGING COLLEGE PREPARATORY PROGRAM FOR BUSY ARTISTS, ATHLETES AND OTHER YOUNG PEOPLE WHO ARE SERIOUS ABOUT THEIR STUDIES. | ActivityOrMissionDesc |
| Voting Members Governing Body | 19 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 18 | VotingMembersIndependentCnt |
| Total Employee | 54 | TotalEmployeeCnt |
| Total Volunteers | 22 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $922,918 | PYContributionsGrantsAmt |
| CY Contributions Grants | $2,396,270 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $8,723,452 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $7,272,846 | CYProgramServiceRevenueAmt |
| PY Investment Income | $238,714 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,126,379 | CYInvestmentIncomeAmt |
| PY Other Revenue | $7,108 | PYOtherRevenueAmt |
| CY Other Revenue | -$51,584 | CYOtherRevenueAmt |
| PY Total Revenue | $9,892,192 | PYTotalRevenueAmt |
| CY Total Revenue | $10,743,911 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $1,518,674 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,463,653 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $6,403,786 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $6,739,035 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $48,000 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $776,148 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $2,127,608 | PYOtherExpensesAmt |
| CY Other Expenses | $1,835,040 | CYOtherExpensesAmt |
| PY Total Expenses | $10,050,068 | PYTotalExpensesAmt |
| CY Total Expenses | $10,085,728 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$157,876 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $658,183 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $25,082,480 | TotalAssetsBOYAmt |
| Total Assets EOY | $23,463,877 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $9,521,717 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $7,174,568 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $15,560,763 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $16,289,309 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE MISSION OF PROFESSIONAL CHILDREN'S SCHOOL IS TO PROVIDE A CHALLENGING ACADEMIC EDUCATION FOR YOUNG PEOPLE WORKING IN OR STUDYING FOR CAREERS IN THE PERFORMING AND VISUAL ARTS, COMPETITIVE SPORTS AND OTHER ENDEAVORS; TO MEET THE DIVERSE NEEDS OF OUR STUDENTS; PROVIDE MASTERY OF FUNDAMENTAL SKILLS AND PREPARE THEM FOR COLLEGE OR OTHER POST-SECONDARY EDUCATION; TO TEACH YOUNG PEOPLE TO BALANCE THE DEMANDS OF THEIR PROFESSIONAL, PERSONAL AND ACADEMIC LIVES; TO PROVIDE SUPPORT FOR YOUNG PEOPLE WHO MUST OFTEN CONTEND WITH THE PRESSURES OF THE ADULT WORLD IN ADDITION TO THE NORMAL PRESSURES OF ADOLESCENCE; TO ENCOURAGE YOUNG PEOPLE TO RESPECT OTHERS OF DIVERSE ETHNIC, RACIAL, ECONOMIC, GEOGRAPHIC AND ARTISTIC BACKGROUNDS; TO BALANCE THEIR INDIVIDUAL NEEDS WITH THE NEEDS OF OTHERS AND TO ACCEPT RESPONSIBILITY FOR THEIR DECISIONS; TO FOSTER A COMMUNITY IN WHICH BOTH ACADEMIC AND ARTISTIC PURSUITS ARE VALUED. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $7,866,275 | ExpenseAmt |
| Grant | $1,463,653 | GrantAmt |
| Revenue | $7,272,846 | RevenueAmt |
| Desc | PROFESSIONAL CHILDREN'S SCHOOL IS AN INDEPENDENT COEDUCATIONAL DAY SCHOOL FOR STUDENTS IN GRADES 6 THROUGH 12 WHO ARE PREPARING FOR OR ARE ALREADY PURSUING CAREERS IN THE PERFORMING ARTS, ENTERTAINMENT OR COMPETITIVE SPORTS, OR WHO ARE DRAWN TO A CREATIVE ENVIRONMENT SUPPORTIVE OF THE ARTS. THE SCHOOL ENROLLS APPROXIMATELY 200 STUDENTS. | Desc |
| Total Program Service Expenses | $7,866,275 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (1) | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 13 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 54 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 19 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 18 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PAUL KANE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2125823116 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 132 WEST 60TH STREET | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10023 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (25 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| JAMES DAWSON | |||||||
| HEAD OF SCHOOL | 55.00 | Yes (X) | Yes (X) | $443,724 | $0 | $59,872 | |
| MELANIE HARRIS | |||||||
| CHAIR | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| KRISTIN CLARK | |||||||
| VICE CHAIR | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| STEPHANIE J HULL | |||||||
| TREASURER | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| DIANE KENNEY | |||||||
| SECRETARY | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| LEE DIECK | |||||||
| CHAIR EMERITUS | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| MICHELE BARAKETT | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| AMANDA BHALLA | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| DONALD B BRANT JR | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| MARIAN BROWN | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| AMY CRATE | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| SILAS FARLEY | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL GLEICHER | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| JOHN B MURRAY | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| BOB MUSIKER | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| ERICA MARKS PANUSH | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| SUSAN GLUCK PAPPAJOHN | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| ERIN SCANLON | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| WILLIAM VILLAFRANCO | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| PAUL KANE | |||||||
| DIRECTOR OF FINANCE | 55.00 | Yes (X) | $199,878 | $0 | $41,816 | ||
| ALEX SHAURETTE | |||||||
| ASSOCIATE HEAD OF SCHOOL | 40.00 | $200,550 | $0 | $26,493 | Yes (X) | ||
| CHRISTOPHER HALEY | |||||||
| DIRECTOR OF INST. ADVANCEMENT | 40.00 | $165,736 | $0 | $24,869 | Yes (X) | ||
| SHARI HONIG | |||||||
| DIRECTOR OF ADMISSIONS | 40.00 | $160,522 | $0 | $8,912 | Yes (X) | ||
| LORYN EVANOFF | |||||||
| HEAD OF UPPER SCHOOL | 40.00 | $154,473 | $0 | $24,089 | Yes (X) | ||
| WILLIAM HIRT | |||||||
| COLLEGE ADVISOR | 40.00 | $146,034 | $0 | $21,310 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,470,917 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $207,361 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 18 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FLIK | BusinessNameLine1Txt |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | COMPASS GROUP USA PO BOX 417632 | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02241 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | FOOD SERVICES | ServicesDesc |
| Compensation | $268,011 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $259,010 | FundraisingAmt |
| Government Grants | $1,199,472 | GovernmentGrantsAmt |
| All Other Contributions | $937,788 | AllOtherContributionsAmt |
| Noncash Contributions | $49,603 | NoncashContributionsAmt |
| Total Contributions | $2,396,270 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION AND FEES | 611600 | $7,269,426 | $7,269,426 |
| AUXILIARY INCOME | 611600 | $3,420 | $3,420 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $7,272,846 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $136,103 | TotalRevenueColumnAmt |
| Exclusion | $136,103 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $19,645,234 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $18,654,958 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $990,276 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $990,276 | TotalRevenueColumnAmt |
| Exclusion | $990,276 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $0 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $259,010 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $69,890 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$69,890 | TotalRevenueColumnAmt |
| Exclusion | -$69,890 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| OTHER INCOME | 900099 | $14,627 | $14,627 |
| REBATES | 900099 | $3,679 | $3,679 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $18,306 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $10,743,911 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $7,272,846 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,074,795 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,463,653 | TotalAmt |
| Program Services | $1,463,653 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $744,212 | TotalAmt |
| Program Services | $84,353 | ProgramServicesAmt |
| Management And General | $605,278 | ManagementAndGeneralAmt |
| Fundraising | $54,581 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,623,956 | TotalAmt |
| Program Services | $3,779,844 | ProgramServicesAmt |
| Management And General | $372,761 | ManagementAndGeneralAmt |
| Fundraising | $471,351 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $234,540 | TotalAmt |
| Program Services | $190,013 | ProgramServicesAmt |
| Management And General | $19,467 | ManagementAndGeneralAmt |
| Fundraising | $25,060 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $715,852 | TotalAmt |
| Program Services | $541,902 | ProgramServicesAmt |
| Management And General | $99,892 | ManagementAndGeneralAmt |
| Fundraising | $74,058 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $420,475 | TotalAmt |
| Program Services | $303,798 | ProgramServicesAmt |
| Management And General | $73,478 | ManagementAndGeneralAmt |
| Fundraising | $43,199 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $950 | TotalAmt |
| Management And General | $950 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $35,552 | TotalAmt |
| Management And General | $35,552 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,500 | TotalAmt |
| Management And General | $13,500 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $48,000 | TotalAmt |
| Fundraising | $48,000 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $133,583 | TotalAmt |
| Program Services | $125,285 | ProgramServicesAmt |
| Management And General | $6,848 | ManagementAndGeneralAmt |
| Fundraising | $1,450 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,593 | TotalAmt |
| Program Services | $6,296 | ProgramServicesAmt |
| Management And General | $6,297 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $116,202 | TotalAmt |
| Program Services | $80,257 | ProgramServicesAmt |
| Management And General | $20,963 | ManagementAndGeneralAmt |
| Fundraising | $14,982 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $98,883 | TotalAmt |
| Program Services | $95,313 | ProgramServicesAmt |
| Management And General | $3,534 | ManagementAndGeneralAmt |
| Fundraising | $36 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $487,082 | TotalAmt |
| Program Services | $391,688 | ProgramServicesAmt |
| Management And General | $76,315 | ManagementAndGeneralAmt |
| Fundraising | $19,079 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,755 | TotalAmt |
| Program Services | $1,875 | ProgramServicesAmt |
| Management And General | $3,380 | ManagementAndGeneralAmt |
| Fundraising | $1,500 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $536,311 | TotalAmt |
| Program Services | $431,152 | ProgramServicesAmt |
| Management And General | $84,127 | ManagementAndGeneralAmt |
| Fundraising | $21,032 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $43,482 | TotalAmt |
| Program Services | $34,956 | ProgramServicesAmt |
| Management And General | $6,821 | ManagementAndGeneralAmt |
| Fundraising | $1,705 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| CAFETERIA EXPENSES | $213,373 | $213,373 | ||
| INSTRUCTIONAL EXPENSES | $70,133 | $67,765 | $2,360 | $8 |
| BOOKS | $51,730 | $51,730 | ||
| BAD DEBT EXPENSE | $10,315 | $10,315 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,596 | TotalAmt |
| Program Services | $3,022 | ProgramServicesAmt |
| Management And General | $1,467 | ManagementAndGeneralAmt |
| Fundraising | $107 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,085,728 | TotalAmt |
| Program Services | $7,866,275 | ProgramServicesAmt |
| Management And General | $1,443,305 | ManagementAndGeneralAmt |
| Fundraising | $776,148 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,094,361 | BOYAmt |
| EOY | $1,274,418 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,834,998 | BOYAmt |
| EOY | $2,227,037 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,492 | BOYAmt |
| EOY | $100,000 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,057 | BOYAmt |
| EOY | $5,751 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $45,492 | BOYAmt |
| EOY | $50,700 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $370,005 | BOYAmt |
| EOY | $111,177 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $16,661,326 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $6,413,850 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,750,760 | BOYAmt |
| EOY | $10,247,476 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,490,460 | BOYAmt |
| EOY | $9,197,708 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $470,855 | BOYAmt |
| EOY | $249,610 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,082,480 | BOYAmt |
| EOY | $23,463,877 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $675,640 | BOYAmt |
| EOY | $988,114 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $401,314 | BOYAmt |
| EOY | $526,710 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,051,234 | BOYAmt |
| EOY | $5,425,245 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,393,529 | BOYAmt |
| EOY | $234,499 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,521,717 | BOYAmt |
| EOY | $7,174,568 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,728,090 | BOYAmt |
| EOY | $12,877,387 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,832,673 | BOYAmt |
| EOY | $3,411,922 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,560,763 | BOYAmt |
| EOY | $16,289,309 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,082,480 | BOYAmt |
| EOY | $23,463,877 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $658,183 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $101,079 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$30,716 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $6,339,516 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $1,176,753 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $7,516,269 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $6,096,545 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $242,971 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $6,339,516 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $5,027,573 | BeginningYearBalanceAmt |
| Contributions | $750,000 | ContributionsAmt |
| Investment Earnings Or Losses | $318,972 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $6,096,545 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $4,713,409 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $372,678 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $58,514 | AdministrativeExpensesAmt |
| End Year Balance | $5,027,573 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $4,348,643 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $408,144 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $43,378 | AdministrativeExpensesAmt |
| End Year Balance | $4,713,409 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.63328 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.18374 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.18298 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $73,819 | OtherCostOrOtherBasisAmt |
| Book Value | $73,819 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $15,814,120 | OtherCostOrOtherBasisAmt |
| Depreciation | $5,806,381 | DepreciationAmt |
| Book Value | $10,007,739 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $773,387 | OtherCostOrOtherBasisAmt |
| Depreciation | $607,469 | DepreciationAmt |
| Book Value | $165,918 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $10,247,476 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)
| DescDesc | AmtAmt |
|---|---|
| 457(B) PLAN LIABILITY | $152,224 |
| CAPITAL LEASE OBLIGATIONS | $40,768 |
| TUITION OVERPAYMENTS | $21,062 |
| PARENT ASSOCIATION DUES | $19,115 |
| OTHER LIABILITIES | $1,330 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $234,499 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $9,381,137 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $101,079 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $101,079 | RevenueNotReportedAmt |
| Revenue Subtotal | $9,280,058 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $200 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $1,463,653 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $1,463,853 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $10,743,911 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $8,652,591 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $30,716 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $30,716 | ExpensesNotReportedAmt |
| Expenses Subtotal | $8,621,875 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $200 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $1,463,653 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $1,463,853 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $10,085,728 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | ENDOWMENT FUNDS ARE USED TO GENERATE INCOME THAT CAN BE USED FOR RESTRICTED AND UNRESTRICTED OPERATIONAL EXPENDITURES. |
| PART X, LINE 2: | THE SCHOOL RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE SCHOOL HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE SCHOOL IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR YEARS PRIOR TO JUNE 30, 2018. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL AID RECLASSED TO PART IX, LINE 2 1,463,653. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | CHANGE IN VALUE OF 457B PLAN 30,716. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL AID RECLASSED TO PART IX, LINE 2 1,463,653. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 3 | THE SCHOOL PUBLICIZES ITS RACIALLY NONDISCRIMINATORY POLICY ALONG WITH OTHER NEW YORK CITY INDEPENDENT SCHOOLS IN THE NEW YORK TIMES ON A YEARLY BASIS AS WELL ON ALL PRINT ADS. IN ADDITION, THE SCHOOL DISCLOSES THE NON DISCRIMINATION POLICY ON THE HOMEPAGE OF ITS WEBSITE - HTTPS://WWW.PCS-NYC.ORG/ |
| SCHEDULE E, PART I, LINE 6 | STATE AID: $35,072 INCLUDED IN FORM 990, PART I, LINE 8 |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Email Solicitations | Yes (X) | EmailSolicitationsInd |
| Solicitation Of Non Govt Grants | Yes (X) | SolicitationOfNonGovtGrantsInd |
| Solicitation Of Govt Grants | Yes (X) | SolicitationOfGovtGrantsInd |
| Special Fundraising Events | Yes (X) | SpecialFundraisingEventsInd |
| Agrmt Prof Fundraising Acty | Yes (1) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE OSBORNE GROUP | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE GRAND CENTRAL PLACE SUITE 4600 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10165 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | FUNDRAISING DEVELOPMENT | ActivityTxt |
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFundsInd |
| Gross Receipts | $0 | GrossReceiptsAmt |
| Retained By Contractor | $48,000 | RetainedByContractorAmt |
| Net To Organization | -$48,000 | NetToOrganizationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | $48,000 | TotalRetainedByContractorsAmt |
| Total Net To Organization | -$48,000 | TotalNetToOrganizationAmt |
| Licensed States | NY | LicensedStatesCd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | BENEFIT GALA | Event1Nm |
| Gross Receipts Event1 | $259,010 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $259,010 | CharitableContriEvent1Amt |
| Other Direct Expenses Event1 | $69,890 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $259,010 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $259,010 | CharitableContributionsTotAmt |
| Oth Direct Expnss Total Events | $69,890 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $69,890 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$69,890 | NetIncomeSummaryAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE G, PART I, LINE 2B, COLUMN (V) | FormAndLineReferenceDesc |
| Explanation | THE OSBORNE GROUP (TOG) WAS RETAINED TO ASSIST THE SCHOOL'S DEVELOPMENT DEPARTMENT AND BOARD OF TRUSTEES TO ENSURE FUNDRAISING REMAIN STRONG DURING THE COVID-19 CRISIS, AS WELL AS TO HELP BUILD INTERNAL FUNDRAISING CAPACITY. THE SCHOOL COMPENSATED TOG $8,000 MONTHLY FOR SIX MONTHS FOR THE SERVICE PERFORMED. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt |
|---|---|---|---|
| FINANCIAL AID | 66 | $1,369,637 | $0 |
| COVID RELIEF | 23 | $94,016 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE SCHOOL GRANTS FINANCIAL AID TO STUDENTS WHO DEMONSTRATE FINANCIAL NEED. THE AWARDED FINANCIAL AID IS APPLIED DIRECTLY TO THE STUDENT'S TUITION, AND THIS IS TRACKED BY THE ADMISSIONS AND BUSINESS OFFICE. STUDENTS SEEKING AID ARE REQUIRED TO APPLY THROUGH A THIRD-PARTY SCHOOL MANAGEMENT SYSTEM, TADS. WHEN A FAMILY APPROACHES THE DIRECTOR OF ADMISSIONS REQUESTING FINANCIAL AID, THE FAMILY IS DIRECTED TO SET UP AN ACCOUNT ON TADS. TADS THEN TRACKS WHEN ALL REQUESTED FA DOCUMENTATION SUBMITTED, INCLUDING: - APPLICATION (REQUIRED) - FAMILY TAX FILINGS FOR THE PREVIOUS YEAR (REQUIRED) - W2S, 1099S OR OTHER FORMS REFLECTING INCOME EARNED (REQUIRED) - A LETTER WITH ADDITIONAL NEED INFORMATION (NOT REQUIRED) ONCE THE INFORMATION IS ENTERED, TADS THEN PROVIDES AN ASSESSMENT OF A FAMILY'S FINANCIAL SITUATION AND ESTIMATES WHAT A FAMILY COULD PAY TOWARDS TUITION. THE FINANCIAL AID COMMITTEE (FAC) IS PROVIDED A BUDGET AS APPROVED BY THE BOARD OF TRUSTEES OF TOTAL FINANCIAL AID THAT CAN BE DISTRIBUTED FOR THE FISCAL YEAR. THERE ARE ALSO ADDITIONAL FUNDS AVAILABLE FROM TEMPORARILY RESTRICTED NET ASSETS, WHICH CAN BE APPLIED BEYOND THE BUDGET, IF NEEDED. WITH THIS INFORMATION, THE DIRECTOR OF ADMISSIONS CALLS TOGETHER THE FAC (WHICH INCLUDES THE HEAD OF SCHOOL, DIRECTOR OF FINANCE, AND OTHER SENIOR ADMINISTRATORS). THE FAC MEET, DURING THE PEAK OF ADMISSIONS SEASON (BETWEEN JANUARY-JUNE), ON A WEEKLY BASIS, TO REVIEW FAMILY FILES AND DETERMINE THE FA AWARD BASED ON FINANCIAL NEED AND WITHIN THE FISCAL YEAR BUDGET. COVID RELIEF: ALL FINANCIAL AID RECIPIENTS RECEIVED AN EMAIL FROM THE SCHOOL LETTING THEM KNOW OF THE AVAILABILITY OF THE FUNDING. THEY ARE REQUIRED TO SEND A FORMAL LETTER AND ANY ADDITIONAL DOCUMENTATION THAT STATED THE REASON FOR THE ADDITIONAL FINANCIAL AID FUNDING AND PROVIDE AN AMOUNT. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (7 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JAMES DAWSON | ||||||||||||||
| HEAD OF SCHOOL | $431,724 | $0 | $12,000 | $0 | $0 | $0 | $22,819 | $0 | $37,053 | $0 | $503,596 | $0 | $0 | $0 |
| PAUL KANE | ||||||||||||||
| DIRECTOR OF FINANCE | $199,878 | $0 | $0 | $0 | $0 | $0 | $11,000 | $0 | $30,816 | $0 | $241,694 | $0 | $0 | $0 |
| ALEX SHAURETTE | ||||||||||||||
| ASSOCIATE HEAD OF SCHOOL | $200,550 | $0 | $0 | $0 | $0 | $0 | $10,000 | $0 | $16,493 | $0 | $227,043 | $0 | $0 | $0 |
| CHRISTOPHER HALEY | ||||||||||||||
| DIRECTOR OF INST. ADVANCEMENT | $165,736 | $0 | $0 | $0 | $0 | $0 | $8,438 | $0 | $16,431 | $0 | $190,605 | $0 | $0 | $0 |
| LORYN EVANOFF | ||||||||||||||
| HEAD OF UPPER SCHOOL | $154,473 | $0 | $0 | $0 | $0 | $0 | $7,688 | $0 | $16,401 | $0 | $178,562 | $0 | $0 | $0 |
| SHARI HONIG | ||||||||||||||
| DIRECTOR OF ADMISSIONS | $160,522 | $0 | $0 | $0 | $0 | $0 | $7,811 | $0 | $1,101 | $0 | $169,434 | $0 | $0 | $0 |
| WILLIAM HIRT | ||||||||||||||
| COLLEGE ADVISOR | $146,034 | $0 | $0 | $0 | $0 | $0 | $7,438 | $0 | $13,872 | $0 | $167,344 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 7 | FormAndLineReferenceDesc |
| Explanation | THE HEAD OF SCHOOL RECEIVED A BOARD APPROVED PERFORMANCE BONUS. THIS AMOUNT IS REPORTABLE ON HIS 2020 FORM W-2 AS TAXABLE COMPENSATION. | ExplanationTxt |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BUILD NYC RESOURCE CORP | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 454040561 | BondIssuerEIN |
| CUSIP | 000000000 | CUSIPNum |
| Bond Issued | 2017-05-01 | BondIssuedDt |
| Issue Price | $6,856,000 | IssuePriceAmt |
| Purpose | SEE BELOW | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Retired | $1,082,658 | RetiredAmt |
| Total Proceeds | $6,856,000 | TotalProceedsAmt |
| Issuance Costs From Proceeds | $108,482 | IssuanceCostsFromProceedsAmt |
| Capital Expenditures | $1,807,518 | CapitalExpendituresAmt |
| Other Spent Proceeds | $4,940,000 | OtherSpentProceedsAmt |
| Substantial Completion | 2018 | SubstantialCompletionYr |
| Refunding Tax Exempt Bonds | Yes (1) | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | 0 | RefundingTaxableBondsInd |
| Final Allocation Made | Yes (1) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (1) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | 0 | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | Yes (1) | MgmtContractBondFincdPropInd |
| Engage Bond Counsel Contracts | 0 | EngageBondCounselContractsInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Bond Iss Meet Prvt Sec Pymt Test | 0 | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | Yes (1) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiledInd |
| Rebate Not Due Yet | 0 | RebateNotDueYetInd |
| Exception To Rebate | Yes (1) | ExceptionToRebateInd |
| No Rebate Due | 0 | NoRebateDueInd |
| Variable Rate Issue | 0 | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | 0 | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | Yes (1) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (1) | ProceduresCorrectiveActionInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE A, COLUMN F: | REFINANCING OF PRIOR NYC IDA BOND, FINANCING OF THE RENOVATION AND REPLACEMENT OF CERTAIN EXTERIOR WINDOWS AT THE FACILITY, PAYMENT OF ANY REDEMPTION PREMIUM, AND PAYMENT OF CERTAIN ISSUANCE COSTS. |
| PART III, COLUMN A, QUESTION 7: | AS PROVIDED IN TREASURY REGULATION SECTION 1.1414( C)(2)(I)(B) THE AMOUNT OF PRIVATE PAYMENTS TAKEN INTO ACCOUNT UNDER THE PRIVATE PAYMENT TEST MAY NOT EXCEED THE AMOUNT OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE. ACCORDINGLY, THE AMOUNT OF PRIVATE PAYMENTS FOR THE REPORTING PERIOD DOES NOT EXCEED THE AMOUNT STATED IN PART III, LINE 6. THE ORGANIZATION HAS NOT UNDERTAKEN AN ANALYSIS OF THE PRIVATE SECURITY TEST WITH RESPECT TO THE BONDS, AS THE LEVEL OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS REPORTED IN PART III, LINE 6, IS NOT IN EXCESS OF THE AMOUNTS PERMITTED UNDER SECTION 145 OF THE CODE. |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 2 | ContributionCnt |
| Noncash Contributions Rpt F990 | $49,603 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | AVG. SELLING PRICE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, COLUMN (B): | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS IN PART I, COLUMN (B) OF SCHEDULE M. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | THE ORGANIZATION HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY THE AUDIT COMMITTEE AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, A PUBLIC DISCLOSURE COPY IS ELECTRONICALLY SENT TO THE BOARD MEMBERS OF THE ORGANIZATION FOR ANY COMMENTS. ANY COMMENTS ARE THEN GROUPED, SUMMARIZED AND PROVIDED TO THE OUTSIDE ACCOUNTANTS. EACH ISSUE IS DOCUMENTED AND ADDRESSED UNTIL THE RETURN IS FINALIZED AND APPROVED FOR FILING. A FULL COPY OF THE FORM 990 IS ALSO MADE AVAILABLE TO ANY TRUSTEE WISHING TO VIEW THE FULL RETURN INCLUDING SCHEDULE B INFORMATION. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE SCHOOL CURRENTLY HAS IN PLACE A CONFLICT OF INTEREST POLICY, WHICH THE BOARD ANNUALLY MONITORS AND ENFORCES. THE BOARD MANDATES EACH TRUSTEE, OFFICER AND KEY EMPLOYEE (IF ANY) OF THE SCHOOL TO ANNUALLY SIGN A CONFLICT OF INTEREST POLICY AND DISCLOSE ANY POTENTIAL OR ACTUAL CONFLICTS THAT MAY EXIST. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON DISCLOSES THE EXISTENCE OF THE INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE TRUSTEES AND MEMBERS OF THE COMMITTEES CONSIDERING THE PROSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE INTEREST AND ALL OTHER MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, THE INTERESTED PERSON IS NOT TO BE PRESENT AT ANY POINT WHILE THE DETERMINATION OF CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON BY REMAINING THE BOARD OR COMMITTEE MEMBERS. THE MINUTES OF THE MEETINGS OF THE BOARD AND ITS COMMITTEES WILL REFLECT THE BOARD'S DELIBERATIONS AND VOTING PROCESS ON THE CONFLICT OF INTEREST. |
| FORM 990, PART VI, SECTION B, LINE 15A | THE COMPENSATION OF THE HEAD OF SCHOOL IS SET BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. THE EXECUTIVE COMMITTEE DETERMINES THE COMPENSATION OF THE HEAD OF SCHOOL USING ANNUAL PERFORMANCE EVALUATION AND COMPARABLE DATA. THE CHAIR OF THE BOARD GATHERS PEER INSTITUTION COMPENSATION DATA FROM AT LEAST TWO SOURCES, ALWAYS INCLUDING NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS (NAIS) AND NYS ASSOCIATION OF INDEPENDENT SCHOOLS (NYSAIS) FOR THE HEAD OF SCHOOL AND PROVIDES THE DATA TO THE EXECUTIVE COMPENSATION FOR REVIEW. THE EXECUTIVE COMMITTEE USES THE INFORMATION PROVIDED TO DETERMINE THE HEAD OF SCHOOL'S SALARY AND BENEFIT AND SUBMIT THE RECOMMENDATION TO THE BOARD OF TRUSTEES FOR FINAL APPROVAL. THIS PROCESS WAS LAST CONDUCTED IN APRIL 2021 AND DOCUMENTED IN THE MINUTES OF THE BOARD MEETINGS. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE SCHOOL MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE FORM 990 IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION, A COPY OF THE FORM 990, AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST OR BY CALLING THE ORGANIZATION DIRECTLY. |
| FORM 990, PART XI, LINE 9: | CHANGE IN VALUE OF 457B PLAN -30,716. |
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